No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Saturday, October 25, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Gold edges higher on softer dollar ahead of key US-China trade talks

by TheAdviserMagazine
6 months ago
in Business
Reading Time: 2 mins read
A A
Gold edges higher on softer dollar ahead of key US-China trade talks
Share on FacebookShare on TwitterShare on LInkedIn


Gold rose over 1% on Friday as the dollar ticked lower, while the market digested comments on tariffs from U.S. President Donald Trump ahead of a weekend meeting between the U.S. and China.

Spot gold was up 1.1% at $3,340.29 an ounce at 1346 ET (17:46 GMT) and has gained 3.1% so far this week.

Bullion, known as a hedge against geopolitical and economic uncertainties, has risen more than 27% since the start of the year.

U.S. gold futures settled 1.1% higher at $3,344.

The U.S. dollar edged 0.3% lower, making bullion less expensive for other currency holders.

Live Events

President Trump said that an 80% tariff on Chinese goods “seems right” as representatives prepared for weekend talks to contain a trade war between the world’s two largest economies. Additionally, on the geopolitical front, India and Pakistan accused each other of launching new military attacks, using drones and artillery for the third day in the worst fighting between the nuclear-armed South Asian neighbours in nearly three decades. “Obviously, the overall continued uncertainty in regards to tariffs remains probably the most significant underpinning behind gold,” said David Meger, director of metals trading at High Ridge Futures.

“We’re not quite as favourable towards gold as we have been over the course of the past several months. We could be moving into a period of more consolidation or retracement for a period of time.”

On the physical front, Indian gold dealers offered price discounts this week amid weak demand as a weaker rupee lifted local prices to near-record highs, while buying in China picked up after a holiday.

Elsewhere, Trump’s trade policies will likely lift inflation, lower growth and raise unemployment later this year, Federal Reserve Governor Michael Barr said, leaving policymakers with a potentially tricky decision on which problem to fight.

Spot silver added 0.8% to $32.75 an ounce, platinum rose about 2% to $995.10 and palladium climbed 0.2% to $977.68.



Source link

Tags: AheaddollaredgesGoldhigherkeySoftertalkstradeUSChina
ShareTweetShare
Previous Post

Europe’s Stoxx up marginally, Germany’s DAX hits record high on hopes of easing trade tensions

Next Post

US dollar makes weekly gains on renewed trade deal optimism

Related Posts

edit post
Trump hits Canada with an extra 10% duty because anti-tariff ad didn’t come down immediately

Trump hits Canada with an extra 10% duty because anti-tariff ad didn’t come down immediately

by TheAdviserMagazine
October 25, 2025
0

President Donald Trump said on Saturday that he plans to hike tariffs on imports of Canadian goods by an extra 10%...

edit post
Scale AI Veteran Bilal Abu-Ghazaleh Launches 1001 With  Million To Rebuild The Physical World Through Artificial Intelligence

Scale AI Veteran Bilal Abu-Ghazaleh Launches 1001 With $9 Million To Rebuild The Physical World Through Artificial Intelligence

by TheAdviserMagazine
October 25, 2025
0

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Scale AI alum...

edit post
China’s rare earth limits may have ‘gone too far this time’ as US trade talks start

China’s rare earth limits may have ‘gone too far this time’ as US trade talks start

by TheAdviserMagazine
October 25, 2025
0

Top U.S. and Chinese officials met in Malaysia on Saturday to lay the groundwork for a summit between Donald Trump...

edit post
China’s rare golden monkeys debut at European zoos, possible successor to ‘panda diplomacy’

China’s rare golden monkeys debut at European zoos, possible successor to ‘panda diplomacy’

by TheAdviserMagazine
October 25, 2025
0

With their distinctive shaggy orange manes, pale blue faces and dense fur covering their hands and feet, it's hard to...

edit post
Why Southwest stock is down while American Airlines is soaring

Why Southwest stock is down while American Airlines is soaring

by TheAdviserMagazine
October 25, 2025
0

At the end of the day on Friday, Southwest Airlines ended the week starting on Oct. 20 with its shares...

edit post
LendingClub, ABTC surge, Bitfarms, FHI slide: financials wrap

LendingClub, ABTC surge, Bitfarms, FHI slide: financials wrap

by TheAdviserMagazine
October 25, 2025
0

Oct. 25, 2025 10:10 AM ETIBN, FHI, SFBS, LC, ENVA, KNSL, BTC-USD, BITF, UPST, CRCL, ABTCBy: Max Gottlich, SA News...

Next Post
edit post
US dollar makes weekly gains on renewed trade deal optimism

US dollar makes weekly gains on renewed trade deal optimism

edit post
US-China trade talk optimism drives oil prices to weekly gains

US-China trade talk optimism drives oil prices to weekly gains

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
Another Violent Outburst – Democrats Inciting Civil Unrest

Another Violent Outburst – Democrats Inciting Civil Unrest

October 24, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
US Representative reveals up to K Bitcoin exposure

US Representative reveals up to $30K Bitcoin exposure

0
edit post
Don’t Miss Out on Your Golden Years’ Freebies: 10 Heartwarming Senior Discounts That’ll Save You a Fortune and Spark Joy

Don’t Miss Out on Your Golden Years’ Freebies: 10 Heartwarming Senior Discounts That’ll Save You a Fortune and Spark Joy

0
edit post
Meet Heidi Hallmark: A Bookkeeper Helping Women Find Peace of Mind in Their Finances

Meet Heidi Hallmark: A Bookkeeper Helping Women Find Peace of Mind in Their Finances

0
edit post
EU steps up efforts to cut reliance on Chinese rare earths

EU steps up efforts to cut reliance on Chinese rare earths

0
edit post
Belgium’s nxgsat raises €1.2M to advance next-generation 5G satellite connectivity

Belgium’s nxgsat raises €1.2M to advance next-generation 5G satellite connectivity

0
edit post
California’s TFAIA Act Revives Conversation On AI Regulations

California’s TFAIA Act Revives Conversation On AI Regulations

0
edit post
Trump hits Canada with an extra 10% duty because anti-tariff ad didn’t come down immediately

Trump hits Canada with an extra 10% duty because anti-tariff ad didn’t come down immediately

October 25, 2025
edit post
Meet Heidi Hallmark: A Bookkeeper Helping Women Find Peace of Mind in Their Finances

Meet Heidi Hallmark: A Bookkeeper Helping Women Find Peace of Mind in Their Finances

October 25, 2025
edit post
Scale AI Veteran Bilal Abu-Ghazaleh Launches 1001 With  Million To Rebuild The Physical World Through Artificial Intelligence

Scale AI Veteran Bilal Abu-Ghazaleh Launches 1001 With $9 Million To Rebuild The Physical World Through Artificial Intelligence

October 25, 2025
edit post
Polymarket Confirms Token Airdrop, But US Launch Is Priority — Details

Polymarket Confirms Token Airdrop, But US Launch Is Priority — Details

October 25, 2025
edit post
China’s rare earth limits may have ‘gone too far this time’ as US trade talks start

China’s rare earth limits may have ‘gone too far this time’ as US trade talks start

October 25, 2025
edit post
Don’t Miss Out on Your Golden Years’ Freebies: 10 Heartwarming Senior Discounts That’ll Save You a Fortune and Spark Joy

Don’t Miss Out on Your Golden Years’ Freebies: 10 Heartwarming Senior Discounts That’ll Save You a Fortune and Spark Joy

October 25, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Trump hits Canada with an extra 10% duty because anti-tariff ad didn’t come down immediately
  • Meet Heidi Hallmark: A Bookkeeper Helping Women Find Peace of Mind in Their Finances
  • Scale AI Veteran Bilal Abu-Ghazaleh Launches 1001 With $9 Million To Rebuild The Physical World Through Artificial Intelligence
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.